Company Valuation: SCG Packaging

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 297,285 244,696 154,545 84,141 73,409 124,497 - -
Change - -17.69% -36.84% -45.56% -12.76% 69.59% - -
Enterprise Value (EV) 1 328,341 282,521 180,979 135,476 126,316 172,729 170,295 161,554
Change - -13.96% -35.94% -25.14% -6.76% 36.74% -1.41% -5.13%
P/E 35.9x 42.2x 29.5x 22.8x 18x 22.8x 21.1x 18.9x
PBR 3.07x 2.52x 2x 1.1x 0.81x 1.61x 1.54x 1.49x
PEG - -1.4x -3.06x -0.8x 1.7x 0.7x 2.7x 1.7x
Capitalization / Revenue 2.39x 1.68x 1.19x 0.63x 0.59x 0.93x 0.9x 0.89x
EV / Revenue 2.64x 1.93x 1.4x 1.02x 1.02x 1.29x 1.23x 1.15x
EV / EBITDA 15.5x 14.6x 10.9x 8.95x 7.25x 9.43x 8.96x 8.18x
EV / EBIT 25.6x 29.1x 24.3x 23.1x 20.6x 19.2x 17.9x 16.1x
EV / FCF -26.4x 80.4x 13.8x 16.3x 11.9x 20.4x 16.7x 14.8x
FCF Yield -3.79% 1.24% 7.25% 6.15% 8.4% 4.91% 6% 6.74%
Dividend per Share 2 0.65 0.6 0.55 0.55 - 0.6332 0.6736 0.7079
Rate of return 0.94% 1.05% 1.53% 2.81% - 2.18% 2.32% 2.44%
EPS 2 1.93 1.35 1.22 0.86 0.95 1.274 1.373 1.531
Distribution rate 33.7% 44.4% 45.1% 64% - 49.7% 49% 46.3%
Net sales 1 124,223 146,068 129,398 132,784 124,374 133,650 138,250 140,370
EBITDA 1 21,150 19,402 16,646 15,132 17,424 18,324 19,013 19,747
EBIT 1 12,835 9,703 7,440 5,873 6,123 9,013 9,513 10,014
Net income 1 8,294 5,801 5,248 3,699 4,069 5,479 5,910 6,575
Net Debt 1 31,056 37,825 26,434 51,334 52,907 48,232 45,798 37,057
Reference price 2 69.25 57.00 36.00 19.60 17.10 29.00 29.00 29.00
Nbr of stocks (in thousands) 4,292,920 4,292,920 4,292,920 4,292,920 4,292,920 4,293,000 - -
Announcement Date 1/25/22 1/24/23 1/23/24 1/28/25 1/27/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.84x1.16x7.22x4.05% 24.06B
24.16x2.43x11.64x2.19% 21.09B
29.36x1.18x9.03x4.66% 20.54B
22.54x2.63x15.39x3.04% 6.07B
23.07x2.39x9.96x1.75% 6.68B
14.45x1.27x7.39x3.73% 5.68B
25.66x0.78x7.05x2.57% 4.08B
20.03x0.93x7.31x4.05% 3.21B
11.81x0.99x6.55x4.39% 3.19B
Average 21.32x 1.53x 9.06x 3.38% 10.51B
Weighted average by Cap. 23.19x 1.60x 9.30x 3.47%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield